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Writer's pictureMark S

Wisdomise Raises $9.5M Ahead of Public Token Launch

Apr 30, 2024


Wisdomise, an AI infrastructure and investment platform, has successfully closed a $9.5 million funding round. The round was supported by prominent investors including Chainlink Labs, SingularityDAO, VentureSouq, Pontinova Invest, Cetacean Capital, and ODE Capital. This funding round comes as Wisdomise prepares for its public token launch in May 2024, with a Fully Diluted Value (FDV) projected at $30 million upon listing.


Project

Latest Raise

Latest Raise

Stage

Total Raise

Lead Investor

Category

Wisdomise

April 29, 2024

$9.5M

Seed

$12.2M

Chainlink Labs

AI


The company, founded by Dr. Fardad Zand, focuses on providing a user-friendly Financial Intelligence SuperApp. Leveraging advanced technologies such as AI/ML and blockchain, Wisdomise aims to democratize access to digital assets and foster informed decision-making for both active traders and passive investors. The platform integrates insights from industry experts and academia to enhance its offerings.


Wisdomise has previously secured $2.7 million in equity through Pre-Seed in 2021 and 2022. The Pre-Series A round, finalized in September 2023 at a post-money valuation of $75 million, included a 1:1 token warrant, demonstrating strong investor confidence in the company's vision and growth potential.


Dr. Zand emphasized the significance of this funding milestone, stating, "This recent funding is a significant stride in our mission to empower everyone to participate in the exciting world of digital assets. We aim to harness AI and innovative financial instruments to build a platform that removes barriers to entry and fosters informed decision-making."


About Wisdomise:


Wisdomise is dedicated to democratizing wealth creation through its Financial Intelligence SuperApp, which integrates AI/ML, blockchain, and quantitative finance. The platform provides users with tools to invest in digital assets and manage their wealth efficiently. With a rapidly expanding user base in Asia Pacific and MENA regions, Wisdomise is poised for continued growth and innovation in the digital asset investment space.


Twitter Account: @wisdomise

Twitter Followers Today: 104k



Investor Profile:


Investor: Chainlink Labs

Description: Chainlink Labs focuses on building secure and reliable blockchain oracle networks. The firm supports projects that leverage blockchain technology to drive innovation and efficiency in various sectors.

Location: United States


A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.


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